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NORTEC A/S: Financial statements 2018

CVR: 19992306

Source: annual report 2018, Danish Business Authority

01/01/2018 – 31/12/2018

NORTEC A/S (CVR 19992306) has filed annual accounts for 2018. In 2018, the company reported a gross profit of DKK 44,864,522 and a net result of DKK 3,239,991 compared with DKK 3,918,817 the year before. That is an increase of 11.8% compared with the year before. Equity in the 2018 report amounted to DKK 27,719,343. The solvency ratio was 19.1%. The company had 52 employees in the financial year.

Gross Profit
DKK 44,864,522
Profit/Loss
DKK 3,239,991
Equity
DKK 27,719,343
Total Assets
DKK 144,755,547
Employees
52

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2018-44.9 mio.3.2 mio.27.7 mio.52
2017-40.1 mio.3.9 mio.24.5 mio.45
2016-35 mio.2.9 mio.12.4 mio.52
2015--4 mio.9.5 mio.-
2014-28.7 mio.2.4 mio.7.8 mio.-

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Events in 2018

Finn Boel Pedersen leaves the board of NORTEC A/SDec 31, 2018

As of December 31, 2018, Finn Boel Pedersen has left the board of directors of NORTEC A/S.

Jacob Amlund Jensen leaves the board of NORTEC A/SDec 31, 2018

As of December 31, 2018, Jacob Amlund Jensen has left the board of directors of NORTEC A/S.

NORTEC A/S: The 2017 annual report is outMay 28, 2018

NORTEC A/S has published its annual report for 2017. Gross profit came to DKK 40,112,151, and the net result was DKK 3,918,817.

Lone Agergaard Jensen joins the board of NORTEC A/SMay 22, 2018

As of May 22, 2018, Lone Agergaard Jensen has joined the board of directors of NORTEC A/S.

Robert Due Kvistgaard leaves the board of NORTEC A/SMay 22, 2018

As of May 22, 2018, Robert Due Kvistgaard has left the board of directors of NORTEC A/S.

About NORTEC A/S

NORTEC A/S is a Danish company of the type Aktieselskab based in Vejle, founded in 1997. The company is registered under the industry Engroshandel med hvidevarer og elektriske husholdningsartikler. The company was previously named NORTEC SYSTEM A/S and VASCANDIC A/S. The management consists of Michael Sand and Morten Elgaard Bak. The board consists of Torben Bang (chair), Bjarne Lykkegård Riis, Christian Lund Madsen and Henrik Sørensen. The company's owners include STENSEMINDE HOLDING ApS, 4M HOLDING ApS and Norland Invest ApS. The company has 126 employees (2026). In 2025, the company reported a gross profit of DKK 107,199,089 and a net result of DKK 12,300,686 compared with DKK 17,837,694 the year before. Equity in the 2025 report amounted to DKK 102,095,979.

Source: annual report 2025, Danish Business Authority